Property for Auction in Purasawalkam, Chennai, Tamil Nadu
Auction ID:479928
Bank Name:DBS Bank India Limited
Branch Name:Regional Office
Reserve Price:₹3,29,53,320
EMD:₹32,95,332
Service Provider:bankauctions.in
Submission Date:29-04-2025 04:00 PM
Bid Start Date:30-04-2025 11:30 AM
The property comprises two parts in Purasawalkam, Chennai. The first part is a house, ground, and premises at Door No. 12 (Old Door No. 2), Kulandaivelu Street, Purasaiwakkam, Chennai-600 007, measuring approximately 1368 Sq. Ft. It is bounded by Vadamalai Pillai Street on the North, Kulandaivelu Street on the South, the house of Chandrasekaran on the East, and the house of Mr. Shanmugasundara Mudaliar on the West. The second part is the northern portion of a house, ground, and premises at Door No. 41, part (Old Door No. 11), Kulandaivelu Street, Purasaiwakkam, Chennai-600007, with access from Vadamalaipillai Street, measuring approximately 510 Sq. Ft. It is bounded by Vadamalai Pillai Street on the North, Kulandaivelu Street on the South, property bearing Old No. 12, Kulandaivelu Street on the East, and property bearing No. 10, Kulandaivelu Street on the West. Both properties are situated within the Registration District of Central Chennai and Sub Registration District of Purasaiwakkam, Chennai.
State:Tamil Nadu
City:Chennai
Area:Purasawalkam
Asset Category:Residential
This auction is for a residential property located in Purasawalkam, Chennai, offered by DBS Bank India Limited. The property is described as a house, ground, and premises with a total area of approximately 1368 Square Feet, situated at Door No. 12 (Old Door No. 2), Kulandaivelu Street. It also includes the northern portion of a house, ground, and premises at Door No. 41, part (Old Door No. 11), Kulandaivelu Street, measuring approximately 510 Square Feet. The auction will be conducted under SARFAESI rules with a reserve price of INR 32,953,320 and an EMD of INR 3,295,332. The auction is scheduled for April 30, 2025, from 11:30 AM to 1:30 PM. Applications for participation must be submitted by April 29, 2025, 4:00 PM. For inquiries, contact Mr. M. Dinesh at 0142000735 or 01420000066.
Borrower Name:M/s. Royal Steel Traders
Auction Type:SARFAESI Auction
Branch:Branch Office : Regional Office
Service Provider:bankauctions.in
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